Slovenian banks posted a cumulative pre-tax profit of EUR 414 million for the first nine months of 2020, down a fifth year-on-year.
The decline would have been much sharper, at -60%, were it not for the one-off impact of the merger of Abanka and NKBM, the central bank said in its month report. Despite the fallout from the escalating Covid-19 epidemic, “the liquidity and capital position of the banking system remains good,” the report from Banka Slovenije notes.